Use the Zipbooks accounting software to set up Kevin's Bike Shop's accounts and record the transactions for that hypothetical retail shop selling bicycles and accessories. You can ignore any incomes and expenses other than the ones stated in the transactions below. The following transactions were written on a piece of paper for the month of May. The balance date for Kevin's Bike Shop is 31 May 2023. Transactions: May 1 - The opening balance for the following accounts are cash $15,000, inventory $30,000, account receivable $20,000, allowance for doubtful debts $1,000, fixtures and fittings $10,000, accounts payable $25,000, and capital (Kevin) $80,000. 1 - Paid three months' rent of premises, $2,000. 2 - Purchased a delivery van on credit from Wheels on Bikes for $20,000, terms n/30. 5 - Cash sales, $6,000 (cost price $3,500). 8 - Returned goods to Wheels on Bikes, $500. 10 - Credit sales to Bikes Galore for $4,000 (cost $2,500), terms n/30. 12 - Paid $300 for advertising. 15 - Purchased inventory on credit from Bike Supplies Co. for $8,000, terms n/30. 18 - Cash sales, $3,500 (cost price $2,000 ). 21 - Kevin withdrew $1,500 cash from the business for personal use. 24 - Paid the month's wage of $2,500. 26 - Credit sales to Pedal Power for $2,200(cost$1,500), terms n/30. 28 - Pedal Power returned goods, $400 (cost $300 ). 31 - A physical stock take revealed inventory on hand of $35,000. Additional information: Fixtures and fittings are bought on the 1 Jan 2023 and are depreciated using the straightline method. Kevin estimates that the useful life is 5 years and the residual value is $1,000. Requirements: Part I You are required to enter ALL the transactions including the balance day adjustments from the piece of paper into the accounting software. Set up the accounts with the proper account ID in Zipbooks Accounting Software. You are also required to create the following reports to be uploaded to myTIMeS for your submission. a. Trial Balance as at 31 May 2023 , b. Balance Sheet as at 31 May 2023 , c. Income Statement for the period of 31 May 2023 d. General Journal for the period of 31 May 2023